Archive for July 20, 2017

There is no doubt about the fact that Hussain Sajwani owned DAMAC group dominates the property landscape in Dubai. Founded by Hussain Sajwani back in 2002 the DAMAC Group has interests in residential, leisure and commercial property development in Dubai and other parts of the Middle East. What’s highly interesting is the fact that Hussain Sajwani and the DAMAC group have in the past collaborated with the Trump Organization in developing the Trump International Golf Club that saw sales of $2 billion worth of luxury villas.

In fact, as Donald Trump himself is not going to be involved in his business anymore since becoming President, it is Sajwani’s relations with the Trump children –daughter Ivanka, and sons Eric and Donald Jr. which are in focus. The origin of the success of the DAMAC Group lies not in property but in getting involved in food services during Operation Desert Storm in the 1990s. In fact, the group has worked for Americans across the world-Somalia, Bosnia and of course the Gulf.

Even before that in the 1980s, the Hussain Sajwani family was involved in the food business supplying catering services to workers employed in the Abu Dhabi energy sector. He decided to get into the Dubai property market just at the start of a year six-year boom in 2002, and the rest is history.

Hussain Sajwani and the DAMAC group have interests other than core business. Charity, in fact, is a top priority for the team. This was in evidence recently when Hussain Sajwani wrote a check of AED two million to a campaign that seeks to clothe a million children around. The charitable initiative was inaugurated by none other than His Highness, Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minster and Ruler of Dubai.

The growth trajectory of Hussain Sajwani, DAMAC owner, a graduate of the University of Washington, who started his working life as a Contracts Manager in GASCO to becoming the founder and chairman of the DAMAC Group is indeed a remarkably inspirational one. Going forward one can expect the group to obtain even greater heights than it already has. This will certainly be watched by interest in the Middle East and beyond.